Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
First Service Federal Credit Union is seeking a full-time Loss Prevention Specialist for our Groveport location. This position reports directly to the CEO. Applicant should have superior communication skills, be self-motivated, and goal oriented. Responsibilities include contacting members to make payment arrangements on delinquent loans and overdrawn accounts. Applicant will update collection files and complete all necessary paperwork for repossessions, bankruptcies, and or foreclosures. Arrange for appropriate Credit Union and/or legal action based on account analysis.
Job Type: Full-time
Pay: $50,000.00 - $60,000.00 per year
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Work Location: In person